San Miguel Brewery
- For the Philippine Basketball Association team carrying the former, see Petron Blaze Boosters. For the ASEAN Basketball League team, see San Miguel Beermen (ABL).
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| Type | Public () |
|---|---|
| Traded as | PSE: SMB |
| Founded | 2007 (Original brewery founded 1890) |
| Headquarters | 40 San Miguel Avenue, Mandaluyong, Philippines |
| Key people | Ramon Ang (Chairman) |
| Products | Beer |
| Net income |  PHP 10.042 billion (US$207.2 million USD) [1] |
| Website | www.sanmiguelbrewery.com.ph |
San Miguel Brewery, Inc., a subsidiary of San Miguel Corporation, is the largest beer producer in the Philippines, with a market share of over 95% as of 2008.[2] It has five breweries spread across the country producing eight beer brands, led by its flagship brand San Miguel.
History
- See also: San Miguel Corporation.
The original San Miguel Brewery was founded in 1890 in Spain. Later renamed as San Miguel Corporation (SMC) in 1963, it has grown into one of the Philippines' largest business conglomerates with interests in alcoholic and non-alcoholic beverages, food, packaging, power, oil and telecommunications.
San Miguel Brewery was spun off from SMC on October 1, 2007 and was subsequently listed on the Philippine Stock Exchange on May 12, 2008. In 2009, Kirin Holdings Co. Ltd. of Japan bought 48.3% of the company from SMC for PHP 8.841 per share.[3]
Products
San Miguel Brewery carries a portfolio of ten beer brands:
- San Miguel Beer/Pale Pilsen
- San Miguel Premium All-Malt Beer
- San Miguel Super Dry
- Cerveza Negra (San Miguel Dark Beer)
- San Mig Strong Ice
- Red Horse Extra Strong Beer
- San Mig Light
- San Miguel Alcoholic Malt Beverage
- Gold Eagle Beer
- San Mig Apple
- San Mig Lemon
- San Mig Zero
Noteworthy for collectors: The "Red Horse" brand can occasionally be found in a bottle bearing a rare yet modified logo wheras the horse shows up with a smile. Another distinct mark of the bottle has the back information all printed in red instead of yellow. The bottle is nicknamed the "laughing horse".
Overseas and local operations
San Miguel is brewed in Hong Kong by the San Miguel Brewery Hong Kong Ltd, where it has a 24% share as it is more affordable compared to European rivals.
San Miguel is also produced in Nepal through a licensing agreement. San Miguel Brewery also brews Miller Genuine Draft and Löwenbräu beers under license.
SMB Inc. has manufacturing operations in Hong Kong, Malaysia, China, Vietnam, Indonesia and Thailand.[4]
Ownership
The company is majority-owned by San Miguel Corporation. Kirin Brewery Company, through its investment arm Kirin Holdings Co. Ltd, holds the most significant minority stake. Philippine mall magnate Henry Sy also has a stake in the company. Other top shareholders as of December 2009 are as follows:[5]
| Name | Shares | Percent |
|---|---|---|
| San Miguel Corporation | 7,859,324,270 | 51.000 |
| Kirin Holdings Co. Ltd. | 7,458,864,880 | 48.388 |
| PCD Nominee Corporation (Filipino) | 62,538,710 | 0.406 |
| Henry Sy | 12,500,000 | 0.081 |
| Syntrix Holdings Inc. | 12,500,000 | 0.081 |
| PCD Nominee Corporation (Non-Filipino) | 1,209,600 | 0.008 |
| Isias and/or Melinda Lumanta | 132,000 | 0.001 |
| Marilyn Maranon | 124,000 | 0.001 |
| Virgilio Salonoy | 82,000 | 0.001 |
| Fadil III | 63,000 | 0.001 |
| John Devela & Jay P Noy CO | 3,000 | 0.00001 |
References
- ^ SMB Annual Report 2008
- ^ http://www.sanmiguelbrewery.com.ph/corporate.html
- ^ http://www.manilatimes.net/national/2009/may/01/yehey/business/20090501bus12.html
- ^ http://www.sanmiguel.com.ph/Content.aspx?MID=0&coid=1&navID=13
- ^ http://www.pse.com.ph/html/ListedCompanies/pdf/2010/SMB_Top100_Dec2009.pdf
External links
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Wikimedia Commons has media related to: San Miguel Brewery |
- San Miguel Corporation
- San Miguel Brewery
- San Miguel Beer Delivery
- Red Horse Beer
- San Miguel Pale Pilsen
- San Mig Light
- Lifestyle Brews
- Strong Ice
- Flavored Beer
- SMB 7,107 Celebrations (SMB Tourism Website)
- RateBeer - San Miguel
